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    107 1015 Progreso Lakes, TX 78596

    For Sale
    $510,000

    1.69 Acres, High-Traffic Corner Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.69-acre commercial land parcel is ideally situated on the southeast corner of S International Blvd and Malone Road in Progreso Lakes, Texas (zip code 78596). The property, identified by APN numbers 669897 and 669896, offers fee simple ownership and is zoned for commercial use, presenting significant development potential. Its prime location near the Progreso International Bridge and along Highway 1015 ensures high visibility and accessibility, benefiting from substantial traffic flow. This makes it an attractive investment opportunity for developers and businesses seeking a high-demand location within a rapidly growing area. The property's versatility allows for a wide range of commercial uses, capitalizing on the area's ongoing expansion. The asking price for this exceptional property is $510,000. This is a rare opportunity to acquire a strategically located commercial lot in a thriving Texas community. Don't miss out on this chance to secure a prime piece of real estate in a rapidly developing area.

    Property Features for 107 1015

    General Information

    Property type
    Land
    Lot Size
    73,616 SF

    HighLights

    • 1.69‑acre commercial land parcel in Progreso Lakes, TX (78596).
    • APN numbers 669897 and 669896; fee simple ownership; commercially zoned.
    • High‑visibility corner lot at S International Blvd & Malone Road, near Progreso International Bridge and Highway 1015.
    • $510,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Progreso Lakes
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9501401
    Latitude
    26.0940242

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    FAQs

    What type of property is this?
    Land - 1.69 Acres, High-Traffic Corner Lot
    Where is this land located?
    The property is located at 107 1015 Progreso Lakes, TX.
    What is the asking price?
    The asking price for this property is $510,000.
    What are key features of this property?
    This property features: 1.69-acre commercial land parcel in Progreso Lakes, TX (78596).; APN numbers 669897 and 669896; fee simple ownership; commercially zoned.; High-visibility corner lot at S International Blvd & Malone Road, near Progreso International Bridge and Highway 1015.
    Request Owner's contact information
    107 1015 Progreso Lakes, TX 78596
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    Progreso Lakes, TX 78596
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 1015 Progreso Lakes, TX 78596
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